Physician Tired of Serving Merely as an Intermediary for Specialists and Patients
These days, the practice of medicine is changing as more and more doctors trade in their private practice signs for positions with corporations.
He found that his private practice had become boring and routine. It had turned into nothing more than simply listening to patients, the doctor claimed.
Because malpractice insurance was so extremely expensive, he was no longer allowing his group to perform certain procedures such as surgery, or getting involved with the treatment of complex medical problems.
He said he felt like he was nothing more than the middleman between the patient and the specialist.
He now has a challenging position for a New Jersey pharmaceutical manufacturer, as their assistant medical development director.
He isn’t alone either; there are many doctors who have decided to make the transition into the corporate world.
The physicians who have become affiliated with corporations are fatigued by Brand Viagra the trials of private practice, the prevalence of governmental and insurance-related meddling in medical matters, the political atmosphere in academia and the necessity of drumming up research money.
Some cities, are eager to improve the physician’s role and provide improved product safety and employee care.
The business aspect of medicine is proving a stronger lure than private practice medicine; although some doctors enjoy work in the medical field in drug research or occupational health.
The financial rewards for those working for the city can equal what a doctor made in private practice.
The difference is huge, though, in important areas like hours worked (usually 40 hours as opposed to 60 or 70), allowance for time off to study or teach, malpractice insurance that is paid for by the company, and great salaries.
Despite the fact that estimates put the number of doctors working as corporate physicians in the thousands, these numbers still only account for about 2 percent of the doctors in the US Thousands more are overseeing everything from industrial and product safety to employee health in the corporate world today.
There are more than ten thousand doctors fulfilling like positions on a part time basis.
More and more physicians are taking the positions as medical underwriters or claims consultants for insurance companies, and also working in the pharmaceutical field.
It is commonplace to find a doctor on the fast track to a chief medical position in the corporate world.
One doctor seeking a change from his already established private practice, accepted an available part-time job with a restaurant chain; this position began his exit from private practice.
He worked at an incredibly demanding pace as he would, each hour, examine up to 60 food handlers. Later, with some reluctance, he gave up his medical practice to become medical director for two movie studios.
Due to the fact that the patients didn’t have to pay, he had many more opportunities to actually treat patients and practice preventive medicine.
At one time, a company doctor was looked down upon as someone who wasn’t able to maintain a private practice.
They were considered to be a doctor who did no more than put band aids, gave out aspirin, and worked with people who were healthy.
The fields of product safety and new employment laws have created avenues by which the doctor can attain a new respectability and effectiveness.
It is gratifying to be considered legitimate, jokes a telecommunications company medical director in New York.
Doctors at earlier stages of their careers are able to be as successful or even more so than they might be otherwise.
The reason older doctors would take the corporate road is because they had made enough money to take the pay cut.
Some corporate physicians are saying that in terms of quality of lifestyle and career earnings, the change from private practice is well worth it.
In the past, many of my colleagues believed occupational medicine to be a poor choice. Now it seems that these people who thought this way are becoming envious.
Corporate physicians making the most money are those who have abandoned traditional practice. The most well-known of these highly paid corporate doctors is probably the 78-year-old multimillionaire physician who never practiced medicine.
He earned his first million while still a medical student, by reviving the failing pharmaceutical firm owned by his father.
Upon graduation, this doctor purchased a surplus army field hospital and administered to the Ural Mountain region of the former Soviet Union where the populace was afflicted by famine.
This doctor was able to help those who needed it the most with food and social services that rebuilt the area and served as a launching point for his career in business.
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